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margin lending: tax benefits

  1. 352 Posts.
    Hi all,

    I am looking at margin lending just as an individual (not a company) and would like to ask a question.

    I am working full time and pay about $20,000 a year in tax.

    My question is the interest on a margin loan - is it tax deductible and will it reduce the tax I pay??

    thanks.

    fingerscrossed


 
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